MIRA
INFORM REPORT
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Report Date : |
02.01.2008 |
IDENTIFICATION
DETAILS
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Name : |
LEICESTER SQUARE LIMITED |
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Registered Office : |
170 Belgrave Gate, Leicester, LE1 3XL |
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Country : |
United Kingdom |
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Financials (as on) : |
28.02.2006 |
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Date of Incorporation : |
27/02/1996 |
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Com. Reg. No.: |
03164988 |
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Legal Form : |
Private Limited Liability Company (GB) |
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Line of Business : |
Leisure Industry |
RATING &
COMMENTS
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MIRA’s Rating : |
B |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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26-40 |
B |
Unfavourable & favourable factors carry similar weight in credit
consideration. Capability to overcome financial difficulties seems
comparatively below average. |
Small |
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Status : |
Moderate |
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Payment Behaviour : |
Unknown |
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Litigation : |
Clear |
Company Identification Details
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Subject Reported on |
LEICESTER SQUARE LIMITED |
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Trading Address |
170 BELGRAVE GATE,LEICESTER,LE1 3XL |
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Telephone |
01162-332929 |
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Average Risk - This company has an average risk status and
should be treated with a degree of caution |
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Credit Limit |
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Selling to this company? The Credit Limit is the
recommended maximum outstanding debtor exposure at any one time. |
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Contract Limit |
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Buying from this company? The Contract Limit is the recommended
aggregate annual value for supply contracts. |
Official Company Data
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Legal Form |
Private Limited Liability Company (GB) |
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Registration Number |
03164988 |
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Date of Incorporation |
27/02/1996 |
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Registered Office |
170 Belgrave Gate, Leicester, LE1 3XL |
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Date of Last Annual Return to Registry |
27/02/2007 |
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Activities |
Leisure industry |
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Accounts |
The last filed accounts cover the period to 28/02/2007 |
Recently Filed Documents
Details of the most recent documents
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Date
Received |
Description |
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27/02/2007 |
Annual Return |
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28/02/2007 |
Financial Statement / Set of Accounts |
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It should be noted that there is no legal requirement to file
satisfaction details of mortgages/charges at Companies House. |
Known Directors
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DIRECTOR |
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Occupation |
COMPANY DIRECTOR |
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Address |
230 PRINCESS PARK MANOR , ROYAL DRIVE , LONDON
, N11 3FS |
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Country of Origin |
BRITISH |
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Date of Birth |
29/12/1970 |
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Appointment Date |
27/02/1996 |
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Other Appointments |
HOLLAND PARK PROPERTIES LIMITED, LEICESTER SQUARE
LIMITED |
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SECRETARY |
MR ANDREW SHUM |
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Address |
6 GLENVILLE AVENUE, , LEICESTER
, LEICESTERSHIRE , LE2 9JF |
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Country of Origin |
BRITISH |
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Date of Birth |
13/11/1975 |
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Appointment Date |
01/12/2006 |
Recently Resigned Directors (last
3)
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DIRECTOR |
SHEETAL NEHRA |
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Occupation |
COMPANY DIRECTOR |
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Address |
230 , PRINCESS PARK MANOR , LONDON
, - - |
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Country of Origin |
BRITISH |
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Date of Birth |
17/08/1975 |
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Resignation Date |
31/08/2001 |
Share Summary
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Share Currency: |
GBP |
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Priniciple Shareholders: |
Type Of Share |
No. of Shares |
Value |
%age |
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Sanjeev Kumar Nehra |
ORD |
500 |
500.00 |
83.00 |
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Sheetal Kumar Nehra |
ORD |
100 |
100.00 |
17.00 |
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Mortgages and Charges
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Total Registered |
1 |
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Total Outstanding |
1 |
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Total Satisfied |
0 |
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Most Recent Mortgage |
30/05/1997 |
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Date Registered |
04/06/1997 |
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Type |
395 |
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Date Created |
30/05/1997 |
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Lender |
BASS BREWERS LIMITED |
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Secured On |
ALL MONIES DUE OR TO BECOME DUE FROM THE COMPANY ANDOR ALL
OR ANY OTHER PARTIES NAMED THEREIN TO THE CHARGEE UNDER THE TERMS OF THE
CHARGE |
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Details |
LAND AND PREMISES KA 170 BELGRAVE GATE LEICESTER TNO;- LT43737
TOGETHER WITH ALL FIXTURES AND FITTINGS THEREON AND THE GOODWILL OF THE
BUSINESS AND BENEFIT OF ALL LICENCES FLOATING CHARGE OVER ALL MOVEABLE PLANT
MACHINERY IMPLEMENTS UTENSILS FURNITURE AND EQUIPMENT SEE THE MORTGAGE CHARGE
DOCUMENT FOR FULL DETAILS |
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Satisfied? |
No |
Public Record Information
Summary of CCJ's/Scottish Decrees
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There are no unsatisfied CCJs against the company. |
Operations
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Activities |
Leisure industry |
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Sic Code |
Description |
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9272 |
Other recreational activities not elsewhere classified |
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Staff Employed |
20 |
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Auditors |
D. Kumar & Co |
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Auditors Notes |
No Qualification. The Auditors have expressed a clean
opinion (i.e. unqualified with no referrals) on the latest accounts. |
Financial Data
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The following figures are shown in units of 000 |
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Profit and Loss |
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Number of Weeks |
52 |
52 |
52 |
52 |
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Accounts Date |
28/02/2006 |
28/02/2005 |
28/02/2003 |
28/02/2002 |
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Currency |
GBP |
GBP |
GBP |
GBP |
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Consolidated? |
No |
No |
No |
No |
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RETAINED PROFITS |
- |
- |
- |
- |
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Balance Sheet |
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Number of Weeks |
52 |
52 |
52 |
52 |
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Accounts Date |
28/02/2006 |
28/02/2005 |
28/02/2003 |
28/02/2002 |
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Currency |
GBP |
GBP |
GBP |
GBP |
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Consolidated? |
No |
No |
No |
No |
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TOTAL FIXED ASSETS |
47 |
50 |
42 |
50 |
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Total Fixed Assets |
47 |
50 |
42 |
50 |
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TOTAL CURRENT ASSETS |
18 |
25 |
26 |
16 |
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Stocks |
6 |
7 |
3 |
2 |
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Trade Debtors |
11 |
7 |
7 |
5 |
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Cash |
1 |
12 |
15 |
8 |
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TOTAL ASSETS |
65 |
75 |
67 |
66 |
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TOTAL CURRENT LIABILITIES |
100 |
60 |
62 |
52 |
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Other Current Liabilities |
100 |
60 |
62 |
52 |
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WORKING CAPITAL |
-82 |
-35 |
-36 |
-36 |
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TOTAL LONG TERM LIABS |
0 |
37 |
43 |
47 |
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NET ASSETS/(LIABILITIES) |
-35 |
15 |
5 |
14 |
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SHARE CAPITAL + RESERVES |
-35 |
-21 |
-37 |
-32 |
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Issued Share Capital |
1 |
1 |
1 |
1 |
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Profit and Loss account |
-36 |
-22 |
-38 |
-33 |
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SHAREHOLDERS FUNDS |
-35 |
-21 |
-37 |
-32 |
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CAPITAL EMPLOYED |
-35 |
16 |
6 |
15 |
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TANGIBLE NET WORTH |
-35 |
-21 |
-38 |
-33 |
Key Credit Ratios
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Accounts Date |
28/02/2006 |
28/02/2005 |
28/02/2003 |
28/02/2002 |
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Current Ratio |
0.18 |
0.42 |
0.42 |
0.31 |
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Quick Ratio |
0.12 |
0.30 |
0.37 |
0.27 |
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T.N.W/Total Assets |
-0.54 |
-0.28 |
-0.57 |
-0.50 |
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Equity Gearing |
- |
-0.01 |
-0.01 |
-0.01 |
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Solvency (%) |
-285.71 |
-461.90 |
-276.32 |
-300.00 |
Financial Summary
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Working Capital |
The company's working capital deficiency increased in the
period and now stands at GBP 82,000 |
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Tangible
Net Worth |
Net worth reduced by 14,000 during the period and now
stands at GBP -35,000 |
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Fixed Assets |
The subjects fixed assets reduced during the period by GBP
3,000 to GBP 47,000 and are now 72% of total assets compared with
67% in the previous period |
RATING
EXPLANATIONS
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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>86 |
Aaa |
Possesses an extremely sound financial base with the strongest
capability for timely payment of interest and principal sums |
Unlimited |
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71-85 |
Aa |
Possesses adequate working capital. No caution needed for credit
transaction. It has above average (strong) capability for payment of interest
and principal sums |
Large |
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56-70 |
A |
Financial & operational base are regarded healthy. General
unfavourable factors will not cause fatal effect. Satisfactory capability for
payment of interest and principal sums |
Fairly Large |
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41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
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26-40 |
B |
Unfavourable & favourable factors carry similar weight in credit consideration.
Capability to overcome financial difficulties seems comparatively below
average. |
Small |
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11-25 |
Ca |
Adverse factors are apparent. Repayment of interest and principal sums
in default or expected to be in default upon maturity |
Limited with
full security |
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<10 |
C |
Absolute credit risk exists. Caution needed to be exercised |
Credit not
recommended |
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NR |
In view of the lack of information, we have no basis upon which to
recommend credit dealings |
No Rating |
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This score serves as a reference to assess SC’s credit risk
and to set the amount of credit to be extended. It is calculated from a
composite of weighted scores obtained from each of the major sections of this
report. The assessed factors and their relative weights (as indicated through
%) are as follows:
Financial
condition (40%) Ownership
background (20%) Payment
record (10%)
Credit history
(10%) Market trend
(10%) Operational
size (10%)